Brokerage

KIMPE SAS, family-owned company involved in brick industry, acquires 3801 Southwestern Boulevard KIMPE SAS, a family-owned French based business that distributes raw materials used in the brick industry, has acquired 3801 Southwestern Boulevard, a single-story, 40,300 square foot industrial building and 3901 Southwestern Boulevard, a separate three-acre land site. The asset straddles Baltimore City and…

Large-scale project represents last major development parcel remaining in the MD Route 24 corridor Construction is underway on Bel Air Village, a 35-acre mixed-use community located in the Bel Air section of Harford County, Maryland that, upon completion, will consist of more than 115,000 square feet of commercial office space, 252 multifamily units and 24…

New owner, CSX Transportation, intends to demolish buildings MacKenzie Commercial Real Estate Services, LLC has brokered the sale of a 3.6 acre parcel, located at 1920 Benhill Avenue in the Curtis Bay section of Baltimore City for $1.85 million. The site, which includes two buildings totaling approximately 23,000 square feet of space, was formerly owned…

Earlier this year, Vivo Investment Group acquired the Radisson Hotel Baltimore Downtown-Inner Harbor and Holiday Inn Baltimore Inner Harbor, and revealed plans to convert properties to more than 700 apartments  MacKenzie Commercial Real Estate Services, LLC has been selected by Vivo Investment Group as the exclusive leasing broker for the retail portion of a new…

19,000 square foot flex/industrial building acquired by Solara Flooring Group       Solara Flooring Group, a woman-owned and Maryland-based company which provides commercial flooring products and installations, has acquired 10900 Pump House Road, a 19,000 square foot industrial/flex building located in the Annapolis Junction area of Howard County, Maryland for $3.6 million. Matthew Curran, SIOR, Vice…

MacKenzie Commercial Real Estate Services brokers lease with biotechnology company Biotechnology company Haystack Oncology, Inc. has signed a lease with South Duvall for 20,000 square feet of space within the City Garage Science & Technology Center and plans to relocate its workforce to South Baltimore by Summer 2023. The 135,000 square foot building, located at…

“Confluence of higher interest rates, elevated tenant improvement costs and continuation of remote work model placing downward pressure on pricing,” says Owen Rouse of MacKenzie Commercial Real Estate Services Following the recent sale of 6340 Security Boulevard in the Woodlawn section of Baltimore County for $5 million, Owen Rouse, Vice President of MacKenzie Commercial Real…